stock market

New Delhi, March 19 HDFC Bank's shares plunged by nearly 9% on Thursday morning trading after Atanu Chakraborty resigned as chairman of the country's second-largest lender, citing ethical concerns.The blue-chip stock fell by 8.41% to Rs 772 – its 52-week low – on the BSE.On the NSE, the...

New Delhi, March 18 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Wednesday that it has raised ₹470 crore from anchor investors, ahead of its initial public offering (IPO) for public subscription.Life Insurance Corporation (LIC)...

New Delhi, March 18 The initial public offering of agrochemical company GSP Crop Science Ltd received 1.61 times subscription on the closing day of bidding on Wednesday.The Rs 400-crore IPO received bids for 1,43,61,844 shares against 89,47,367 shares on offer, according to NSE data.The...

New Delhi, March 18 Shares of Urban Company surged by over 13 per cent on Wednesday after SBI Mutual Fund acquired a stake of nearly 4 per cent for Rs 632 crore.The stock rebounded sharply, rising 13.20 per cent to Rs 124.35 per share on the BSE and increasing 13.01 per cent to Rs 124.43 on...

New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order."The company has received a Draft Assessment Order for FY 2022-23, wherein certain...

Mumbai, March 16 The stock market benchmark indices, Sensex and Nifty, rebounded by over 1 per cent on Monday after experiencing a significant decline in the previous three trading days, driven by value buying in blue-chip banking stocks.The 30-share BSE Sensex rose by 938.93 points or 1.26...

New Delhi, March 16 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Monday that its initial public offering (IPO), worth Rs 1,842 crore, will open for subscription on March 20.The price band has been set at Rs 163 to Rs 172 per...

New Delhi, March 16 Aluminium prices rose by nearly 0.31 per cent to Rs 352.05 per kg in futures trading on Monday, as speculators built up fresh positions amid a positive trend in the spot market.On the Multi Commodity Exchange, the price of aluminium for delivery in April increased by Rs...

New Delhi, March 15 The combined market valuation of the top 10 domestic firms declined sharply by Rs 4.48 lakh crore last week, in line with a steep decline in equities, with major banking firms State Bank of India and HDFC Bank experiencing the biggest losses.Last week, the BSE benchmark...

Mumbai, March 13 The benchmark stock market indices, Sensex and Nifty, ended sharply lower on Friday, driven by escalating conflict in the Middle East and rising oil prices.Furthermore, heavy selling in global markets, persistent outflows of foreign funds, and the weakening of the rupee also...

New Delhi, March 13 – The promoters of Godrej Properties Ltd have increased their stake in the company by 5% this fiscal year through the purchase of public shares worth Rs 2,674 crore in the open market, as they are optimistic about growth prospects amid strong demand for residential properties...

March 13, New Delhi – Brent crude edged further above $100 per barrel, and stock prices declined in early Asian trading on Friday, following Iran's vow to target oil resources in West Asia and continue disrupting the Strait of Hormuz.Brent, which had risen above $100 on Thursday, was up 0.20...

Mumbai, March 12 Benchmark indices Sensex and Nifty traded lower during the afternoon session on Thursday amid soaring crude oil prices due to the worsening crisis in West Asia.Besides, weak global market trends and continued foreign fund outflows also dampened investor sentiment, analysts...

New Delhi, March 12 Agrochemical Company GSP Crop Science Ltd announced on Thursday that its initial public offering (IPO) worth Rs 400 crore will open for public subscription on March 16.The price band has been fixed at Rs 304-320 per share for the IPO, valuing the company at Rs 1,489 crore...

Mumbai, March 12 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Thursday, as a significant increase in crude oil prices, driven by the ongoing crisis in the Middle East, weighed heavily on investor sentiment.Furthermore, weak global market trends and...

Mumbai, March 12 The rupee depreciated by 31 paise to 92.32 against the US dollar in the early trade on Thursday, due to outflows by foreign investors, rising global crude oil prices, and a stronger US dollar, amid the ongoing conflict in the Middle East.The weak start to the trading session...

New Delhi, March 11 Investors' wealth eroded by ₹5.14 lakh crore on Wednesday as stock markets fell after a day's respite due to a surge in global crude oil prices amid growing tensions in West Asia.The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to close at 76,863.71. During...

New Delhi, March 11 Shares of Sedemac Mechatronics Ltd, a manufacturer of powertrain controls and auto parts, listed on Wednesday at a premium of 13.5 per cent against the issue price of Rs 1,352.The stock started trading at Rs 1,510, registering a jump of 11.68 per cent from the issue price...

New Delhi, March 10 The Supreme Court on Tuesday dismissed a batch of appeals filed by minority shareholders of Bharti Telecom Limited (BTL), upholding the company's decision to reduce its share capital and ease out individual investors.A bench of Justices Sanjay Kumar and K Vinod Chandran...

New Delhi, March 10 Shares of food delivery companies and restaurants ended lower on Tuesday amid a shortage of commercial LPG cylinders, which triggered fears of operations being shut if the situation is not resolved.The stock of food delivery company Swiggy fell by 2.26 per cent, while...